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Uncertainties due to the global political and economic situation remain high
Following extraordinary growth in 2020 and 2021, the life science group Sartorius again outperformed the market in fiscal 2022, achieving its targets for sales revenue and profitability. Both divisions contributed to this development and, according to preliminary figures, recorded double-digit ...
The polysilicon business performed particularly well
Wacker Chemie AG set new sales and earnings records in 2022. According to preliminary figures, the Munich-based chemical Group’s sales came in at €8.21 billion last year, an increase of 32 percent over 2021 (€6.21 billion). Higher selling prices were the main factor in this year-over-year growth. ...
Wintershall Dea intends to fully exit Russia
BASF has released preliminary figures for the full year 2022. Expected sales of €87,327 million and expected income from operations (EBIT) before special items of €6,878 million are in line with the ranges forecast by BASF and at the level of average analyst estimates for 2022. The BASFGroup’s ...
Berlin-based start-up found a way to mass-produce green methanol at a competitive price
The Climate tech start-upC1 has raised growth capital from Maersk Growth, the Venture Capital Arm of A. P. Møller – Maersk to faster scale their ultra-efficient catalysis, which will enable the mass production of green methanol without the usual premium paid for sustainably produced methanol. ...
Start-up receives €1.2 million in fresh capital for particularly innovative technology
e-fuels can make a decisive contribution to making the global economy independent of fossil crude oil and at the same time CO2-neutral and renewable. The refuel.green team is developing a particularly innovative technology that can reduce the production cost of e-fuels from currently more than ...
"EnginZyme provides a unique and green solution with the potential to drive the chemical sector in a sustainable direction"
EnginZyme, a green tech company developing biomanufacturing processes for the sustainable manufacturing of everyday products, announced that it had raised €21 million in a Series B financing round. New investors, including Almi Invest GreenTech, Navigare Ventures and Bunge Ventures, join existing ...
Synhelion raises CHF 22 million investment to drive the scaling of solar fuel production
Synhelion has raised CHF 22 million in another successful financing round. The funds were primarily provided by existing investors and selected new strategic investors, including Swiss International Air Lines (SWISS). The proceeds of the investment round will accelerate the company’s growth and ...
agriportance secures seed funding to replace fossil natural gas with biomethane
Biomethane start-up agriportance raises a seven-figure sum in a seed round from seed investor High-Tech Gründerfonds (HTGF) and business angels. The founding team will use the fresh money to accelerate the product’s digitalisation and its launch on the European market. The current energy supply ...
Significant revenue growth of 8.8 billion euros despite challenging geopolitical and economic conditions
The ZEISS Group achieved significant growth across all segments despite challenging geopolitical and economic conditions. Revenue rose by 16% to 8.8 billion euros, surpassing over 8 billion euros for the first time (prior year: 7.5 billion euros) in fiscal year 2021/22 (end of reporting period: ...
Proprietary measurement technology and AI-based process control to avoid greenhouse gases in wastewater treatment
Germany’s almost 10,000 municipal wastewater treatment plants consume around 4,400 gigawatt hours (GWh) of electricity per year, which makes them one of the largest electricity consumers. This is equivalent to the electricity needs of 900,000 four-person households. Moreover, the greenhouse gases ...